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RH
Robert Half
Cost Accountant
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Based on Connecticut data
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What they do
A Cost Accountant analyzes the cost of company products or services, determines factors affecting costs, and makes recommendations for managing costs. Analyzes financial processes within a company or organization and develops internal cost reporting and accounting systems.
$95,483 / year median in Connecticut
-7% projected decline
Job Description
We are looking for an experienced Cost Accountant to support manufacturing finance activities for a long-term contract opportunity in Groton, Connecticut. This position focuses on cost control, inventory valuation, and variance management within a production environment, while partnering with operations to improve financial visibility. The ideal candidate will bring strong expertise in standard costing, reporting, and month-end close support to help maintain accurate and timely financial data.
Responsibilities:
- Conduct cycle counts and assist with physical inventory activities to ensure accurate stock records and valuation.
- Analyze manufacturing cost variances and provide clear explanations for differences related to production performance.
- Establish and update annual standard costs, including the setup of costing for new materials and components.
- Manage labor, overhead, and absorption-related variance tracking to support effective cost control.
- Prepare manufacturing-related journal entries and contribute to monthly financial close activities.
- Assist with budgeting and forecasting by supplying cost data, operational insights, and financial analysis.
- Develop and maintain recurring cost and operations reports on a daily, weekly, and monthly basis.
- Monitor production spending and highlight trends, risks, and opportunities affecting plant cost performance.